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Stabull Finance Announces $STABUL Token Pre-Sale on GemPad

Barbara Streisand
Release: 2024-09-21 15:23:14
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Stabull Finance, a stablecoin & RWA-focused decentralized exchange (DEX) for non-USD stablecoins and real-world assets, is announcing

Stabull Finance Announces $STABUL Token Pre-Sale on GemPad

Stabull Finance, a decentralized exchange (DEX) for non-USD stablecoins and real-world assets (RWAs), will be offering an allocation of over 250,000 $STABUL tokens in the upcoming GemPad pre-sale. The sale will begin on Monday, September 23rd, at 3pm UTC, with an AMA session on GemPad’s Telegram channel at ~5pm UTC, where the team will answer questions about the project.

The pre-sale will last for four days, concluding at 8pm UTC on Friday, September 27th. Early participants during the first nine hours of the pre-sale will be eligible for a bonus of up to 7% in $STABUL tokens, subject to minimum purchase requirements. Tokens purchased during the pre-sale will have a 20% release at TGE, followed by a 31-day cliff, with the remaining tokens distributed at a rate of 3.3333% every 30 days over the next 24 months.

Stabull Finance is specifically geared to capture the decade-long tokenization wave of real-world assets and FX on-chain, which is just getting started. It is estimated that tokenized Real World Assets could reach over $5 trillion in market capitalization by 2028.

Stabull is a custom 4th-generation Automated Market Maker (AMM), currently in beta at https://app.stabull.finance, designed for efficient trading between non-USD stablecoins and RWAs. The platform also plans to support asset-backed tokens representing commodities like precious metals.

Using off-chain oracles (e.g., EUR/USD) from Chainlink, Stabull dynamically re-centers liquidity, allowing for low-slippage swaps and capital-efficient liquidity provision. This approach offers an alternative price discovery method compared to other decentralized exchanges, giving crypto and forex traders access to a 24/7/365 market for trading fiat-backed stablecoins and RWAs.

Traders can swap stablecoins on the Ethereum and Polygon blockchains using supported pools, which include TRYB, BRZ, GYEN, NZDS, 1GBP, EURS, and XSGD, paired against USDC. With a low swap fee of 0.05% per pool utilized, the platform offers a simple and cost-effective way to trade fiat-backed stablecoins.

Additionally, liquidity providers can participate in liquidity pools to gain a share of the swap fees generated, and can stake LP tokens in the Liquidity Mining Program to earn $STABUL tokens and participate in the platform’s governance. This enables liquidity providers (LPs) to effortlessly earn rewards on currencies like the Brazilian Real, Turkish Lira, New Zealand Dollar, and many others with just the click of a button.

For more information about the platform, visit Stabull Finance or start trading on the DEX at Stabull App. A range of documentation including tokenomics is available at the Stabull Gitbook.

Status updates for the GemPad Pre-Sale will be provided at Stabull Finance on Twitter, with the members of the team available to answer questions on the Stabull Discord. You can also follow us on social media Stabull Finance on LinkedIn or subscribe to our Telegram announcement channel or YouTube channel.

About GemPad

GemPad is a decentralized Multi-Chain Launchpad and Incubation Hub for promising Web3 and defi projects. It is designed to offer early-stage defi, NFT, GameFi, and Metaverse projects access to a broad community of supporters and investors. GemPad provides support for projects on BNB Chain, Ethereum, Polygon, Avalanche, and Fantom, with further chains to be integrated in the future.

After completing a KYC process and raising a minimum of $100,000 from Gemstone holders, promising projects will be eligible to apply for GemPad. Gemstone holders will then vote on the shortlisted projects, and the highest-voted projects will be selected to launch on GemPad.

Projects launching on GemPad will gain access to a Tier-1 CEX listing, legal advice, marketing support, community building assistance, and connections to key opinion leaders (KOLs) and venture capitalists (VCs) in the Web3 space. GemPad also offers support for promising projects in the areas of product development, tokenomics design, and go-to-market strategy.

GemPad is powered by the $GEMPAD token, which serves as the native utility token of the GemPad Launchpad. It is used for participation in Gemstone tiers, project voting, and community governance. $GEMPAD is also employed for project incubation and acceleration programs, as well as Gemstone Holder Mining.

To stay up-to-date on the latest GemPad news and developments, follow GemPad on Twitter, Telegram Announcement, Telegram Chat, Medium, Discord, and YouTube.

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